Civic Intelligence

Fountains Charitable Foundation Inc

990EZ • Fiscal year 2020 • EIN 81-3395903

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 04, 2021

5659 FountainsdrsLake Worth, FL 33467-5776

(561) 968-1668

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

24th percentile

-15%

Higher net margin than 24% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

8th percentile

-50%

Faster asset growth than 8% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

73rd percentile

9.9%

Faster revenue growth than 73% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$9,161

Down $9,319 (-50%) from 2019

Net Assets

Down

$9,161

Down $9,319 (-50%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$60,606

Up $5,464 (+9.9%) from 2019

Expenses

Down

$69,925

Down $19,153 (-22%) from 2019

Net Income

Up

-$9,319

Up $24,617 (+73%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60K$40K$20K$0Assets 2017: $22,511Liabilities 2017: $0Net Assets 2017: $22,5112017Assets 2018: $52,416Liabilities 2018: $0Net Assets 2018: $52,4162018Assets 2019: $18,480Liabilities 2019: $0Net Assets 2019: $18,4802019Assets 2020: $9,161Liabilities 2020: $0Net Assets 2020: $9,1612020Assets 2021: $20,280Liabilities 2021: $0Net Assets 2021: $20,2802021Assets 2022: $14,283Liabilities 2022: $0Net Assets 2022: $14,2832022Assets 2023: $0Net Assets 2023: $02023

Highlighted filing

2020

Assets$9,161
Liabilities$0
Net Assets$9,161

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2017: $100,513Expenses 2017: $111,032Net Income 2017: -$10,5192017Revenue 2018: $121,450Expenses 2018: $91,545Net Income 2018: $29,9052018Revenue 2019: $55,142Expenses 2019: $89,078Net Income 2019: -$33,9362019Revenue 2020: $60,606Expenses 2020: $69,925Net Income 2020: -$9,3192020Revenue 2021: $60,611Expenses 2021: $49,492Net Income 2021: $11,1192021Revenue 2022: $43,825Expenses 2022: $49,822Net Income 2022: -$5,9972022Revenue 2023: $15,188Expenses 2023: $29,471Net Income 2023: -$14,2832023

Highlighted filing

2020

Revenue$60,606
Expenses$69,925
Net Income-$9,319
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 4, 2021
Return Version
2020v4.0
Gross Receipts
$71,487
Mission and Program Overview

Mission

To support and promote charitable activities within the Fountains community located in Lake Worth, FL and provide funding to principal charities. During the past 12 months our events were able to raise sufficient funds to disburse $132,750 Grants to each of our 4 signature charities. In addition we funded $5,000 to provide meals for Health Care workers assisting COVID crisis

Program Services

DescriptionGrantsExpenses
Provided cash grants to principal charities located at Fountains community in Lake Worth, FL. Also funded meals for Health Care workers during COVID crisis$60,000$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ronald HoffmanTreasurerPT$0--
Molly WilsonPresidentPT$0--
Kenneth BersonDirectorPT$0--
Sol BilkusDirectorPT$0--
Diane StewartDirectorPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$8,775$0$4,295$-4,295
Golf Dinner$7,290$0$0$0
Total Events$16,065$0$9,753$-9,753
Filing and Contact Details

Filer

Filer Name
Fountains Charitable Foundation Inc
EIN
81-3395903
In Care Of
% Molly Wilson
Address
5659 FOUNTAINSDRS, LAKE WORTH, FL 33467-5776

Signing Officer

Name
Ronald Hoffman
Title
Treasurer
Signed
2021-03-04
Discuss with paid preparer
No
Supplemental Narrative

Additional Explanations

Part I, line 10

| Activity:, Grantee Name:, Grantee Address:, Amount:, Relationship:| Donation, Health Care Worker Meal Fund, "4476 Fountains Dr S Lake Worth, FL 33467", $5000.00, None| Charity, The PAP Corps-Fountains/Wellington, "5659 FOUNTAINS DR S Lake Worth, FL 33467", $13750.00, None| Charity, TRUSTBRIDGE Hospice of Palm Beach, "5300 E Avenue West Lake Worth, FL 33407", $13750.00, None| Donation, Play for P.I.N.K., "2 Skye Place Chestnut Ridge, NY 10977", $13750.00, None| Donation, Special Olympics Florida Palm Beach, "2738 Lake Worth Road Lake Worth, FL 334621", $13750.00, None|

Part I, line 16

| Other Expenses:, Amount:| COVID Cancellation Fee-Entertainment, $3500.00| Bank and Credit card fees, $1044.00| D&O Insurance, $550.00| Other, $1124.00|

Part II, line 24

| Asset Name:, BOY Amount:, EOY Amount:| Prepaid Expenses, $3250, $3138|

Raw XML Appendix180 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LAKE WORTH
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Kenneth Berson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Sol Bilkus
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Diane Stewart
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
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IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt06218
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To support and promote charitable activities within the Fountains community located in Lake Worth, FL and provide funding to principal charities. During the past 12 months our events were able to raise sufficient funds to disburse $132,750 Grants to each of our 4 signature charities. In addition we funded $5,000 to provide meals for Health Care workers assisting COVID crisis
IRS990EZ/PrintingPublicationsPostageAmt03707
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Provided cash grants to principal charities located at Fountains community in Lake Worth, FL. Also funded meals for Health Care workers during COVID crisis
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt060000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/First5Years509Ind0X
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt080457
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Activity:, Grantee Name:, Grantee Address:, Amount:, Relationship:| Donation, Health Care Worker Meal Fund, "4476 Fountains Dr S Lake Worth, FL 33467", $5000.00, None| Charity, The PAP Corps-Fountains/Wellington, "5659 FOUNTAINS DR S Lake Worth, FL 33467", $13750.00, None| Charity, TRUSTBRIDGE Hospice of Palm Beach, "5300 E Avenue West Lake Worth, FL 33407", $13750.00, None| Donation, Play for P.I.N.K., "2 Skye Place Chestnut Ridge, NY 10977", $13750.00, None| Donation, Special Olympics Florida Palm Beach, "2738 Lake Worth Road Lake Worth, FL 334621", $13750.00, None|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| COVID Cancellation Fee-Entertainment, $3500.00| Bank and Credit card fees, $1044.00| D&O Insurance, $550.00| Other, $1124.00|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Asset Name:, BOY Amount:, EOY Amount:| Prepaid Expenses, $3250, $3138|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 24
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Ronald Hoffman
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOUNTAINS CHARITABLE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0FOUN
ReturnHeader/Filer/EIN0813395903
ReturnHeader/Filer/ForeignPhoneNum05619681668
ReturnHeader/Filer/InCareOfNm0% Molly Wilson
ReturnHeader/Filer/USAddress/AddressLine1Txt05659 FOUNTAINSDRS
ReturnHeader/Filer/USAddress/CityNm0LAKE WORTH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd0334675776
ReturnHeader/ReturnTs02021-03-04T00:05:01-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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